Page 4 - M&a

General Electric, AerCap join air leasing businesses in $30 billion deal

General Electric is combing its aircraft leasing business with Ireland's AerCap Holdings

Consolidation in public sector oil firms may be back on table in FY22

The government may again revive the plan for further consolidation in the public sector oil companies

Tata Chemicals in advanced talks for Archean's industrial salt unit

A potential deal could offer a reprieve to Archean, which has been struggling to service its debt obligations for the past two years

IDBI Bank sells 23% stake in life insurance JV to Belgian partner

LIC-controlled IDBI Bank on Thursday said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore

Jubilant Foodworks to acquire 10.76% stake in Barbeque-Nation Hospitality

Jubilant Foodworks Ltd operates fastfood chains Domino's Pizza and Dunkin' Donuts in India

Delivery Hero to sell South Korean unit for $4 billion Woowa deal approval

The sale clears a major hurdle for Delivery Hero in gaining the dominant position in the world's third-largest online food delivery market

Reliance to buy out IMG Worldwide from sports management joint venture

Reliance Industries Ltd has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 crore

'Outstanding at what she does': India-born rakes in billions for JPMorgan

Advising companies on M&A is one of the prestige roles in investment banking, generating both huge fees and headlines when a deal comes together

Time ripe for M&A in financial services

Financial services have been a mainstay for the broader M&A markets across cycles in India

IBM buys fintech firm Expertus to expand digital payment solutions

Tech giant IBM has acquired Montreal-based fintech company Expertus Technologies for an undisclosed sum

Blackstone poised to buy Piramal Glass for $1 billion: Report

The transaction could be announced as soon as in the next few weeks, the report said

2020: A year of coronavirus, consolidation and claims for non-life insurers

Industry officials are of the view that with the Covid-19 pandemic still evolving, it is difficult to predict the extent of impact on the sector.

Thyssenkrupp could open books to Liberty Steel in early Dec: Report

Liberty Steel, headed by metals tycoon Sanjeev Gupta, last month unveiled a non-binding indicative offer for Thyssenkrupp Steel Europe

L&T sells UK-based marine automation solutions provider Servowatch Systems

Servowatch is headquartered in Heybridge, Essex, United Kingdom (UK) and has 44 employees in the UK and India

EbixCash acquires AssureEdge Global to strengthen back office offerings

AssureEdge will be rebranded as EbixCash Global BPO services

Merger talks with Clix on track, says LVB even as losses widen in Q2

Auditors issue qualified report citing precarious capital position

Home Depot to buy HD Supply Holdings in deal valued at $8 billion

Home Depot's smaller rival Lowe's Cos Inc last week said it was not in talks to buy HD Supply, denying a previous media report

Arjas acquires steel, auto components businesses of Modern Steels

Arjas is one of the leading manufacturers of alloy steel in the country

Syrma Technology signs cash-cum-stock merger deal with SGS Tekniks

New entity will be created, with a combined turnover of over Rs 1,000 crore, and 55% revenues coming from exports primarily to the US and Europe

Deutsche Bank CEO Sewing focused on strategy but won't rule out M&A

Speaking in an exclusive interview with Bloomberg TV, Sewing said he was "laser-focused" on executing on his four-year strategy, which runs through 2022. But pushed on whether that means no deal befor